Energy Country Review: Complimentary 7-day trial

  • News-alert sign up
  • Contact us

bp and Ørsted to create renewable hydrogen partnership in Germany

10/11/2020
  • Plan to jointly develop industrial-scale electrolyser project for green hydrogen ‎production
  • Powered by Ørsted offshore wind, project will initially replace 20% of natural gas-‎based hydrogen used at bp’s Lingen refinery
  • ‎Scale of project will support future reduction in green hydrogen costs
  • bp’s first full-scale green hydrogen project, a significant step in strategic ‎development of new hydrogen business aligned with German and EU hydrogen ‎strategies

bp and Ørsted have today signed a Letter of Intent (LOI) to work together to develop a ‎project for industrial-scale production of green hydrogen – a significant step in developing ‎bp’s hydrogen business. Green hydrogen is made by the electrolysis of water using ‎renewable power, producing zero emissions.

In their proposed Lingen Green Hydrogen project, the two firms intend to build an initial 50 ‎megawatt (MW) electrolyser and associated infrastructure at bp’s Lingen Refinery in north-‎west Germany. This will be powered by renewable energy generated by an Ørsted offshore ‎wind farm in the North Sea and the hydrogen produced will be used in the refinery.‎

Under their LOI, bp and Ørsted will now work together to further define the project, agree ‎definitive documents and plan to make a final investment decision (FID) early 2022, subject ‎to appropriate enabling policies being in place. The companies anticipate the project could be ‎operational by 2024.

KeyFacts Energy Industry Directory: Ørsted

Tags:
< Previous Next >